Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1357 Lakewood Rd Toms River, NJ 08753

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $8,900,000

    Newer CVS with long-term lease and zero landlord responsibilities.

    Property size:
    13,086 SF
    Lot size:
    1.68 Acres

    Property Features for 1357 Lakewood Rd

    General Information

    Size
    13,086 SF
    Lot size
    1.68 Acres

    Source: Sandor/Sand Capital | Arizona Agent Matt Sturcken

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newer CVS Zero Cash Flow

    This property presents a rare opportunity to acquire a newer CVS property from a recent CVS sale-leaseback portfolio. It features a newer 25-year lease and operates on an absolute NNN basis, meaning there are no landlord responsibilities. The property includes assumable self-amortizing financing with a fixed 3.901% interest rate. The zero cash flow structure and paydown readvance allow for a suitable 1031 exchange asset, enabling owners to withdraw equity. The structure allows for low equity contributions with high long-term return on initial investment and allows withdrawal of money over and above percentage over the debt. The property is also available as a free-and-clear investment. The property size is 13,086 square feet.
    Location Intelligence

    Current Use by Public Records

    CVS Photo Passport Photo Processor Santander Bank ATM Atm CVS Pharmacy Pharmacy CVS Cosmetics Store LibertyX Bitcoin ATM Atm

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    CVS Pharmacy, Geetha V. Nair, RPh, CVS, Think Goodness/Origami Owl https://campsite.bio/slicknack, Robin Defure

    Location Insight

    • Map
    • Local Demand
    City
    Toms River
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2111967
    Latitude
    39.9932575

    Nearby Similar for Sale

    • $610,000
      Pending

      Historic Office Building with River Views

      Historic 2-story office building with Toms River views for sale.
      82 E Water St, Toms River, NJ 08753
      View Details
    • $849,999
      2,160 SF

      Prime Highway Corner Commercial Property

      Commercial property with highway frontage near beach attractions in Toms River.
      2 Garfield Ave, Toms River, NJ 08753
      View Details
    • $630,000

      Waterfront Commercial Property in Toms River

      Unique waterfront commercial property with office and medical space.
      751 Fischer Blvd, Toms River, NJ 08753
      View Details
    • $1,250,000
      2,388 SF

      Mixed-Use Property in Toms River

      Income potential: house, office spaces, and detached garage.
      1990 Route 9, Toms River, NJ 08755
      View Details
    • New
      $599,000
      2,819 SF

      Spacious Multifamily Property in Toms River

      Flexible Toms River property: single-family or legal 2-family setup.
      547 Brookside Dr, Toms River, NJ 08753
      View Details
    • $5,000,000
      3,224 SF

      Toms River Commercial Property

      7-acre commercial property with office, warehouse, apartments, and truck parking.
      83 Riverwood Dr, Toms River, NJ 08755
      View Details

    FAQs

    What type of property is this?
    Drug store - Newer CVS with long-term lease and zero landlord responsibilities.
    Where is this drug store located?
    The property is located at 1357 Lakewood Rd Toms River, NJ.
    What is the asking price?
    The asking price for this property is $8,900,000.
    What are key features of this property?
    This property features: - Assumable self-amortizing financing with below-market fixed 3.901% interest rate (Zero Cash Flow Financing).; - Perfect 1031 Exchange Asset: ZCF structure allows equity withdrawal.; - Long-Term Leases: Newer 25-year leases in place.
    (480) 949-9011
    Request Owner's contact information
    1357 Lakewood Rd Toms River, NJ 08753
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1357 Lakewood Rd
    Toms River, NJ 08753
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1357 Lakewood Rd Toms River, NJ 08753
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.